R5,500,000

1 bedroom house for sale in George Industrial

8 Kloof
1 Bed
6 Baths
1,073m²
2,067m²
House For Sale In George Industrial

Building 1: 513 sqm, located closer to the road, divided into 3 sections. The first section measures 60 sqm. The building operates on approximately 80 amps, providing robust power for industrial use.

Building 2: 560 sqm, with electricity usage between 60 and 80 amps, offering a large and functional space for business operations.

Key Features:

Upper Building: Includes 3 fully refrigerated cold storage rooms totaling 160 sqm, built with durable steel and brick construction.

Lower Building: Contains a 12 sqm cold storage room and is divided into 3 sections, ideal for multiple business operations.

Open Space: Between the two buildings is an open area of 600 sqm, featuring 3 garages, each with its own prepaid meter, as well as 2 living units, each measuring 32 sqm.

Additional Benefits:

Prepaid Electricity Meters: The property is equipped with 4 prepaid meters. The lower building has 2 meters, allowing it to be split into two separate business spaces, as is currently the case. The open area and garages have their own prepaid meter.

Rental Income: The lower building generates approximately R30,000 per month (VAT excluded) in rental income. The total income from the property is around R70,000 per month, making this an excellent investment for steady returns.

This property offers a perfect combination of space, flexibility, and income potential. Contact us today to arrange a viewing!

Property Type
House
Bedrooms
1
Bathrooms
6
Stand Size
2,067m²
Building Size
1,073m²
Rates & Taxes
R7,000
Basin
Yes
Common Toilet
Yes
Bath
Yes
Toilet
Yes
Half
Yes
Shower
Yes
Toilet and Basin
Yes
Reference
ENT0286757
Bathroom
Basin, Common Toilet, Bath, Toilet, Half, Shower, Toilet and Basin
Address
8 Kloof
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R63,770
Home loan repayment
R56,770
Rates and taxes
R7,000
Utilities
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R0
Property history
Listed for sale at R5,500,000
30 Sep 2024
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